The Value of Work

So, I've tried many schemes in the past to help my children appreciate work and money. I think it's important to teach children the value of work along with how to handle finances. Here is a list of some of my past schemes. Some have been more successful than others:

1. Money for chores - As the kids did their chores, I would give them some money. We tried it at one point to have them finish their chores by a certain time. This got really confusing though when I didn't have the money handy, couldn't figure out if they really earned it, and tried to help them break out tithing and savings from it. Also, I found that some days they would just decide they didn't need the money so they just wouldn't do their chores.

2. Money for extra chores - Same as above. I like this a little better, however, because there are certain chores that should be completed as an expectation for living in a family. The extra chores are for when a child has completed all the required chores and would like something extra to do for money. I still have "Money Chores" anytime one of the kids would like to take me up on it. The only problem I have had with this is that most of the time the kids aren't willing to do the extra chores until the hour they need the money. I keep thinking they will learn to do the extra chores when they don't have money when they need it. Not yet. Drat!

3. Allowance - I stopped this when the kids started coming and demanding money from me. I didn't like the idea of them having an allowance without strings attached. They were also starting to act a little spoiled.

4. Contract - This was a great idea for my older kids. I have one that is in a very demanding school. He is not able to work because of the required homework, so we worked out a contract for him of things he needed to do around the home to earn a certain amount of money each week. The idea was that he was going to start paying for his own haircuts, gifts for others, school activities, social activities and other things that would come up. We paid all school fees for him, but he was to give us a set amount each month to cover those expenses as well. It was a great idea but totally failed as he just decided some days to not do some of his chores. Thus, it was difficult to decide if we should still give him a portion of the allowance, and how much to give him.

5. Fraction payments linked to chores - This is the newest scheme I have come up with. I put together a chart. I know you can buy charts that are already squared up, but I just took a posterboard and a yardstick and made my own boxes. Basically, there are certain required things that the children must do, non-negotiable. I've included them on my chart because if they do them with a cheerful attitude they get a point. For each of the assignments, I have decided how many points can be accumulated per week. I add up all the points at the end of the week, divide it by the total amount of points available, then multiply that by the amount the child would earn if they have all the points for the week. This way, I am able to pay a fair price for the chores they do cheerfully. I also keep it up next to the kitchen, where I can monitor it. In the past, we've tried putting charts up on kid's doors, and they tend to get forgotten. (I can't be bothered to walk from room to room with stickers.) This is much more efficient as they just tick off the box if they accomplish it in the day. For my children over 12, they are required to tick their own boxes for the day. That way, there is some responsibility. When the day is over, I lock in their points, so we don't have kids coming back at the end of the week saying, "Well, on Tuesday, I finished my piano." The only issue I have found with this system is that the kids might think I'm paying them to do their regular chores, practicing and homework. I have tried to make it clear that it is a packaged deal. There are certain things that are expected in the family, and if they complete those things, they receive an allowance. If they don't, they get docked. In addition, they are expected to pay a tithe on their earnings, put some into savings and pay for gifts for friends and family and any social activities.

So, this is how the math works. Ethan has the potential to earn $30 per week and has 42 points possible. If he completes 30 points, I divide 30/42 = .71. So he earns 71% of the $30. The equation here is .71*30 = $21.43. I told them I will always round down to the nearest dollar. So, he earns $21 for that week. I hope that makes sense.

Here is a picture of my amazing chart!

Let me know if any of this is helpful and other ideas you have for teaching kids the value of work and money. I think it's important to change things up frequently with chore charts and allowance schemes. Kids generally get a little excited if there is a new program started at home. So, have fun with it. I have found that even though kids complain about doing chores around the home, they are generally cheerful once the chores are completed. Service also tends to breed love, because service is love. When my kids are helping out, they aren't always loving and happy, but I always find it interesting that on the days I have been the most critical about their assignments are the days they come back and shower me with hugs and kisses and "I love you's". Is that weird?